Fuel Fix

Anadarko Petroleum Corporation CEO Al Walker, gives a speech after his company won top ranked large employer during the Houston Chronicle's Top Workplaces Awards Gala, Thursday, Nov. 8, 2012, in Houston. (Nick de la Torre/Houston Chronicle)

Anadarko CEO: Outlook still uncertain for shale comeback

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Earlier in the year, before initial declines in service costs, Anadarko had estimated it would take $3 billion in capital expenditures to keep production levels flat. Now, Walker said, it would take about $2.7 billion, and there is still room for improvement.

Anadarko CEO: Outlook still uncertain for shale comeback

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Anadarko Petroleum Corporation CEO Al Walker, gives a speech after his company won top ranked large employer during the Houston Chronicle's Top Workplaces Awards Gala, Thursday, Nov. 8, 2012, in Houston. (Nick de la Torre/Houston Chronicle)
Earlier in the year, before initial declines in service costs, Anadarko had estimated it would take $3 billion in capital expenditures to keep production levels flat. Now, Walker said, it would take about $2.7 billion, and there is still room for improvement.
Halliburton CEO Dave Lesar (Melissa Phillip/Chronicle)

Paychecks rose for some Houston energy CEOs in 2014

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The 10 highest-paid executives in Houston last year all work in the energy industry, despite domestic oil’s long and lingering swoon.

(AP Photo/The Tyler Morning Telegraph, Sarah A. Miller)

What’s in State’s Keystone XL oil pipeline report

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Here are the most important details in the State Department’s 11-volume report on the Keystone XL pipeline released Friday, the fifth environmental review released on the project since 2010.
(Image: Fotolia)

Pipeline trial kicks off as if nasty divorce case

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The billion-dollar legal battle among three oil and gas giants – Energy Transfer Partners, Enterprise Products and Enbridge – that went to trial last week sounds like a bitter divorce case, complete with accusations of a lovers’ triangle.

American Petroleum Institute chief economist John Felmy. (Mayra Beltran / Houston Chronicle)

Q&A: Arguing the case for oil exports

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The idea to the lift the ban has drawn both interest and resistance in Congress, but midterm election politics may sour the congressional appetite to change the law this year. In a recent interview with FuelFix, Felmy argued the industry’s case for dismantling the ban.
Categories: Crude oil, Markets
Oil flows out of the top of the transition spool, which was placed into the gushing Macondo wellhead at the site of the Deepwater Horizon oil spill in the Gulf of Mexico in July 2010. AP Photo/BP PLC, File)

BP digs in as last leg of Gulf oil spill trial approaches

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The legal clash over the 2010 Gulf of Mexico oil spill is entering a key chapter that could give BP an idea of just how large a hole the disaster will burn in its wallet.
(Image: Fotolia)

Gas no longer escaping from rig off La. coast

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The operator and federal regulators say the flow of natural gas, water and sand has been stopped at a drilling rig off Louisiana’s coast.
(Eddie Seal/Bloomberg)

Teapots boiling in Texas as shale spurs refining revival

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Blue Dolphin, Valero Energy Corp., Kinder Morgan Inc. and others are trying to capitalize on the biggest boom in U.S. history by building new crude-processing equipment, reviving mothballed plants and opening new teapot refineries.
Categories: Eagle Ford, Refining
The Bushehr nuclear power plant, outside the southern city of Bushehr. (AP Photo/Vahid Salemi, file)

Schlumberger wraps up business in Iran after loss, US probe

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Schlumberger finished shutting down its Iranian business in the second quarter last year after losing $69 million and facing a U.S. probe into its activities in several sanctioned countries, regulatory filings show.
Categories: Oil field services